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Continuing performance improvement subsequent to the implementation of a pay-for-performance plan may result because more productive employees self-select into the firm (selection effect) or because employees allocate more effort to learn how to perform their tasks better (effort effect). Individual performance data for more than 3,000 employees of a retail(More)
Much management accounting research has focused on the provision of periodic, aggregated financiai information to managers for planning and control. Recently, many firms have adopted just-in-time production, total quaiity management, and teamwork practices for their manufacturing operations. These new manufacturing practices rely on increased worker(More)
Business organizations produce and sell private goods for a price. Since their customers, if not satisfied by the product, can withhold revenue, it is possible for the shareholders to control the performance of hired managers through residual net income-based contracts. Public good organizations, on the other hand, have beneficiaries, who have no simple and(More)
Based on case studies of several firms, accounting researchers have argued that traditional costing systems constructed using volume-related drivers understate the true costs of variety and other non-volume drivers. As a result, managers do not have appropriate information to make optimal tradeoffs between the costs and benefits of such strategic cost(More)